ALEXANDRIA, Va. – Pentagon FCU has introduced another rewards credit card, the PenFed Platinum Rewards Card, which offers cardholders the opportunity to earn five points per dollar spent on gas purchases, three points per dollar spent on supermarket purchases, and one point per dollar spent on all other purchases.
PenFed said with its Platinum Rewards Card, cardholders earn points that can easily be redeemed for merchandise, travel, gift cards, or even Visa prepaid cards – which can be used like cash anywhere Visa is accepted.
Other key features of the PenFed Platinum Rewards Card include:
* No annual or foreign transaction fees.
* A variable 9.99% purchase APR capped on all new purchases through June 30, 2014.
* New cardholders can earn up to 25,000 points within the first three months of obtaining the card – they receive 5,000 points for their first purchase, and 20,000 more points if they spend $1,000 in the first three months.
